The Overlooked Income Vehicle, II
If more 401(k) plans offered systematic withdrawals, more money might stay in 401(k)s, and the DOL might not need to attempt the difficult and divisive task of policing rollover IRAs.
The Overlooked Income Vehicle
Systematic withdrawals from 401(k) plans are a widely-available but rarely-used way to create retirement income. Perhaps because electronic transfers are virtually free, nobody's championing them.
In-Discretionary Accounts
Investment performance of popular “Rep-as-Portfolio-Manager" accounts lags direct-sold packaged portfolios, say analysts at Cerulli Associates and Fuse-Research.
Are Most Glide Paths Upside Down?
Investing in equities early in the lifecycle, when balances are low, offers little advantage and may even discourage young investors who suffer losses. So says one of the studies in this roundup of recent retirement research.
Featured
In New York, Hanging with Robos
At the InVest financial technology conference in Manhattan last week, hundreds of robo-advisors, vulture capitalists, and Wall Street firms gathered to contemplate a prosperous and collaborative future.
News
Public comments on DOL are now available; hearing to start August 10
A portion of the hearing will focus on the Department’s Regulatory Impact Analysis, which addresses the potential or anticipated economic effects of the proposal, and the relative merits of certain regulatory alternatives.
SEC and FINRA publish study of sales to seniors at BDs
With respect to variable annuities, the SEC and FINRA said they found evidence of potentially unsuitable sales to seniors at 34% of the 44 broker-dealers they examined.
Swiss Re’s solution for the macro-economy: Infrastructure
The global reinsurer points out that support for asset prices doesn't produce real growth, and that an aging population doesn't bode well for growth, but that developing a liquid market for infrastructure bonds might be the ticket to true recovery.
